Boost For Franchise Group After Fraud Tales

March 4, 2008 by Cris | 0 Comments

New Zealand Herald:

Membership of the Franchise Association has surged after the Green Acres franchising scandal.
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12 new franchising systems have become members of the industry body in the first 5 weeks of this year, compared with 4 over the same period last year.

The Green Acres issue, where former area manager Keith Lapham is accused of selling about 200 non-existent ironing franchises to investors who paid between $21,000 and $25,000 each, has had a hand in the deluge of sign-ups.

Police have also launched an investigation into another company, commercial cleaners Green Power, for allegedly selling bogus franchise businesses. Read more.

In Franchises, Negatives and/or Positives, Basic Guidelines, Law & Agreements, News

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